SmarterDividends
SAT

Saratoga Investment Corp 6.00%

SAT

Stock · quarterly payer

$25.06

Overvalued · -22% Add to Portfolio

Forward Yield

5.99%

Annual Dividend

$1.50

Payout Ratio

—

5-Yr Growth

—

Ex-Date

—

Frequency

Quarterly

Key facts about SAT's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Saratoga Investment Corp 6.00% (SAT) has a forward dividend yield of 5.99%, based on an annual dividend of $1.50 per share and a share price of $25.06.
  • As of Oct 18, 2026, SAT's dividend safety grade from SmarterDividends is C (57 out of 100), which rates the dividend as borderline.
  • SAT has never cut its regular dividend in the payment history SmarterDividends has on record.
  • SAT's most recent ex-dividend date was Aug 14, 2026, for a dividend of $0.38 per share.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for SAT is $19.63 per share, 22% below the $25.06 share price, so SAT screens as overvalued.
  • Saratoga Investment Corp 6.00% (SAT) pays its dividend quarterly, 4 times a year.
  • Saratoga Investment Corp 6.00% (SAT) has raised its regular dividend 1 time and cut it 1 time across the 15 payments on record since 2023. Its most recent change was a 3.4% cut to $0.375 per share, going ex-dividend on Aug 15, 2024.
Cite this page

SmarterDividends, "SAT Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/SAT

Summary

As of Oct 18, 2026, Saratoga Investment Corp 6.00% (SAT) yields 5.99% ($1.50 a year per share) and has a dividend safety grade of C (57/100).

Is SAT a good dividend stock?

Mixed

Saratoga Investment Corp 6.00% (SAT) pays a quarterly dividend yielding 5.99% ($1.50/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Never cut its dividend on record

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
5.99%
Payout Ratio
—
Annual Dividend
$1.50
5-Yr Avg Growth
—
Ex-Dividend Date
—
Years of Growth
0
Frequency
quarterly
Beta
—
Market Cap
—
P/E Ratio
—
5-Yr Total Return
—
52-Week Range
$24.55 – $25.23
Dividend Safety
C · 57/100
Ever Cut?
No

SAT dividend raises and cuts

Saratoga Investment Corp 6.00% (SAT) has raised its regular dividend 1 time and cut it 1 time across the 15 payments on record since 2023. Its most recent change was a 3.4% cut to $0.375 per share, going ex-dividend on Aug 15, 2024.

Ex-dateChangeOld → newMove
Aug 15, 2024Cut$0.388 → $0.375−3.4%
May 14, 2024Raise$0.375 → $0.388+3.5%
Every SAT payment →Download every raise and cut (CSV)
SAT ex-dividend date & scheduleNext ex-date — · full ex-dividend historyView →SAT dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is SAT a good dividend stock?

Mixed. Saratoga Investment Corp 6.00% (SAT) pays a quarterly dividend yielding 5.99% ($1.50/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is SAT undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SAT's fair value is about $19.63 versus a $25.06 share price — so it looks overvalued (-22% vs. fair value).

Is SAT's dividend safe?

SAT has a dividend-safety grade of C (57/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is SAT's fair value?

Our blended fair-value estimate for SAT is about $19.63 per share, about 22% below the current $25.06 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is SAT a buy, hold, or sell?

We don't issue formal ratings, but on the data SAT screens as "mixed" and overvalued. Saratoga Investment Corp 6.00% (SAT) pays a quarterly dividend yielding 5.99% ($1.50/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Will SAT cut its dividend?

SAT earns a dividend-safety grade of C (57/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does SAT pay a dividend?

Yes. Saratoga Investment Corp 6.00% pays a quarterly dividend of about $1.50 per share annually, a forward yield of roughly 5.99%.

What is SAT's dividend yield?

As of Oct 18, 2026, SAT's forward dividend yield is 5.99%, based on a $1.50 annual dividend and a $25.06 share price.

What is SAT's dividend per share?

As of Oct 18, 2026, SAT pays $1.50 per share per year, distributed on a quarterly basis.

How many years has SAT grown its dividend?

SAT does not currently have a long dividend-growth streak on record.

When is the next SAT ex-dividend date?

As of Oct 18, 2026, SAT's next ex-dividend date hasn't been announced. The most recent was Aug 14, 2026, for $0.38 per share.

Income Calculator

At $1.50 / yr per share

Per payment (quarterly)$37.50
Annual$150.00
Monthly avg$12.50

Similar Dividend Stocks

NVDANVDANVIDIA Corporation0.47%TechnologyAAPLAAPLApple Inc.0.31%TechnologyGOOGLGOOGLAlphabet Inc.0.26%Communication ServicesGOOGGOOGAlphabet Inc.0.26%Communication Services

Compare SAT

SAT vs NVDASAT vs AAPLSAT vs GOOGLSAT vs GOOG

Explore more

Lists and tools related to SAT